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The Trade Desk Launches Venture Capital Arm, Makes First Investment

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Ventura-based advertising technology developer The Trade Desk is launching its own venture capital arm, and has made its first investment, the company said this morning. The company said that the new investment fund, TD7, will invest in open Internet startups.

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Southern California VC Totals Drop To $810.5M In Q1

socalTECH

in venture capital in Q1, according to the latest MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. Southern California venture totals were down significantly from the $1.38 Southern California startups raised $810.5M was invested.

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The Trade Desk Raises $125M In Credit Facility

socalTECH

Ventura, California-based The Trade Desk , the advertising technology developer led by Jeff Green, has raised $125M in a credit facility, according to the company. The companysaid that it will use the new funding for global expansion initiatives and for working capital. READ MORE>>.

Ventura 100
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The Trade Desk Quietly Pushes Past $200M In Revenues

socalTECH

Ventura, California--despite a number of growing high tech startups--has not been known for buildling multi-million dollar Internet companies. However, The Trade Desk , the advertising software developer led by Jeff Green, has quietly pushed past $202M in revenues, to become one of the faster growing firms in the region.

Ventura 100
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Ebyline Raises $5.0M

socalTECH

in a new equity funding round, according to a regulatory filing from the firm today. According to the filing, a single investor participated in the funding. Details on the funding have not yet been announced by the company. Ebyline has previously raised funding from E.W. Scripps Company. READ MORE>>.